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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
| Oct 1, 2024 | Price Decreased |
$579,900
↓ $40K
(6.5%) | |
| Price Decreased | |||
| Aug 13, 2024 | Price Increased |
$619,900
↑ $40K
(6.9%) | |
| Price Increased | |||
| Jul 25, 2024 | Listed by MB Sandi Hewins & Associates Inc | $579,900 | |
| Listed by MB Sandi Hewins & Associates Inc | |||
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PRICE SLASHED/DO NOT MISS THIS AMAZING OPPORTUNITY! ACROSS FROM THE HUGE BEAUTIFUL HYLAND GREENS PARK!! ASK ABOUT $15,000 GRANT PROGRAM FOR DOWN PAYMENT ASSISTANCE AND BELOW MARKET INTEREST RATES FOR THIS PROPERTY! Incredible rare opportunity for best location in coveted sought after Westminster community! Not only are you midway between Boulder and Denver enabling access to all the great things those two communities offer, you are also minutes from Legacy Ridge and Hyland Hills golf courses, Westminster Rec Center, bike paths, the Butterfly Pavilion, and Westminster Promenade with shopping, restaurants, theaters and restaurants! STEPS across the street from your house you have a glorious park with two pools, pickle ball, tennis, playground, basketball plus your vibrant active HOA fosters fun community activities all year like food trucks in the park/Easter Egg Hunt/Pumpkin Patch, 4th of July parade/Holiday Lights and more! Very low HOA fee! If you want to live in a community that feels like a return to the 80's where you can stay out and play until the street lights come on, this is the one. Prime location also offers easy access to charter and magnet schools. Mid Century home offers 4 levels - Main floor living and dining rooms with a spacious kitchen with informal dining overlooking the family room. Family room level boasts a cozy fireplace, 4th bedroom or study and a bath. Upstairs offers a primary suite with its own dressing area and bath plus 2 other large bedrooms. The unfinished basement is a blank canvas for additional storage or finish a space of your choice. Fresh new carpet and paint and sparkling clean - come and see your wonderful opportunity to own a great house in an incredible location!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017